A Two-Year Old Asset Has a Depreciable Life of 10

question 95

Multiple Choice

A two-year old asset has a depreciable life of 10 years.Its initial purchase cost was R450 000 and it is depreciated by 10 per cent annually.What is the remaining depreciable value of the asset?

• A)R 0.00
• B)R90 000
• C)R200 000
• D)R360 000

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Definitions:

Psychology

The discipline concerned with behavior and mental processes and how they are affected by an organism’s physical state, mental state, and external environment; the term is often represented by Ψ, the Greek letter psi (usually pronounced “sy”).

Conditional Positive Regard

Acceptance and love that are contingent upon a person's behavior, often used in the context of interpersonal relationships and self-esteem.

Carl Rogers

An influential American psychologist who founded the humanistic approach to psychology, emphasizing the importance of self-actualization, empathy, and unconditional positive regard in therapy.

Unconscious Personality

Aspects of an individual's personality that are not within their conscious awareness but influence behaviors and thoughts.